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The economies of Germany and Britain have all of the following in common, EXCEPT.(4 points) pick all the correct answers
Both countries have a history of strong entrepreneurship
Both countries have a history of strong entrepreneurship
Both countries have a very strong car industry
Both countries have a very strong car industry
Both countries rely heavily on the financial service industry
Both countries rely heavily on the financial service industry
Both countries have mixed economies
Both countries have mixed economies
Both countries have high literacy rates and good education
Both countries have high literacy rates and good education
Both countries have a high standard of living
Both countries have a high standard of living
Both countries have heavy investment in human capital.
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Answers:
- Both countries have a very strong car industry. — Not equally true; Germany's auto industry is world-leading, while the UK has a smaller, less dominant auto sector.
- Both countries rely heavily on the financial service industry. — Not equally true; the UK (London) is heavily service/finance-oriented, whereas Germany's economy is more manufacturing/export-driven and less dependent on finance.
- Both countries have a very strong car industry. — Not equally true; Germany's auto industry is world-leading, while the UK has a smaller, less dominant auto sector.
- Both countries rely heavily on the financial service industry. — Not equally true; the UK (London) is heavily service/finance-oriented, whereas Germany's economy is more manufacturing/export-driven and less dependent on finance.
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